Imagine you have cancelled your umbrella, then you learn you have not been maintaining your LLCs properly and get a lawsuit. 

You get what you pay for, but if well maintained they will hold up.

There is a room between the 2 bedrooms that would be maintained as a flex space/ It's a great house and a lovely neighborhood but....

So, if you can budget for maintenance and maintain adequate reserves, you will be much better off in the long run skipping purchased warranties. 

Close the deal with a real estate attorney, ensuring all paperwork is in order and maintaining transparency about the property's condition.Good luck!

Group insurance: Look for insurers offering discounts for insuring multiple rental properties or join a local landlord association to explore group insurance options.The key is to strike a balance between cost savings and maintaining adequate coverage to protect your quadplex investment.

While I have sufficient liquid cash on hand, I prefer to maintain liquidity as I'm actively seeking my next deal.

This separation should be well-documented to maintain their classification as passive activities.

What I have to work with: - An LLC (currently just run STR taxes through this)- A Type S Corp (I run my ad business through this, but will shift it over to construction)- A General Contractors license in the state of Oregon, tied to Type S Corp (have had and maintained since July of 2022)- A construction skillset. 

Zero cash flow translates to negative cash flow in the short term because you have to maintain it.